Bajaj Allianz Heath Insurance

Investing in one’s health is always a wise decision. Hence, it is important to ensure that unforeseen circumstances that affect your health don’t burn a hole in your pocket. Bajaj Allianz, a collaborative unit between Bajaj and Allianz, provides attractive health insurance plans that cover all health related risks under a comprehensive plan.

Bajaj is an established and a well-known brand in India, synonymous with trust and high quality services.

With the availability of lifetime renewal, pre and post hospitalisation cover and coverage of pre-existing disease after 4 years of waiting period, Bajaj Allianz surely is one of the reliable insurance providers in the health ecosystem.

Features of Bajaj Allianz Health Insurance Plans

  • No. of members- The plan covers maximum 6 members of your family with up to 2 children and 4 adults.
  • Lifelong Renewal – The plans offered are lifelong renewable hence it saves you from the financial burden and stress caused by a medical emergency and keeps you well prepared to handle any situation.
  • Pre & Post hospitalization cover- The plan covers medical expenses for 60 days prior to hospitalization and 90 days post hospitalization only for related medical expenses.
  • Health Check-ups – Offers health checkup after 4 claim free years only at the networked diagnostic centres.
  • Pre-existing diseases- Pre-existing diseases are covered after 4 years of waiting period.
  • Room rent- No sub-limits on room rent.

Benefits of Bajaj Allianz Health Insurance

  • Discounts - Offers discounts and VAS for their loyal customers.
  • NCB - Offers no-claim bonus, which is 10% for every claim free year, up to 50%.
  • Online Service - 24/7 customer service.
  • Cashless Settlement - Strong network of 6000+ affiliated hospitals for cashless settlement.
  • Ease of transaction - You can buy or renew your policy in just a few clicks online.
  • Hassle Free Claims - Under one hour for cashless settlements.
  • Health CDC Benefits - Health CDC (Claim by Direct Click) is a feature in the Bajaj Allianz Insurance Wallet App which enables you to raise claim requests up to ₹20,000 through the app.
  • Claim Settlement Ratio - The incurred claim settlement ratio of Bajaj Allianz Health Insurance for F.Y.2017-18 is 77.61%.

Types of Health Insurance Plans offered by Bajaj Allianz Health Insurance

At Coverfox you get - Same Products. Same Prices. Additional Free Services.

Health Guard Plan

This plan covers your entire family under a single health insurance policy if taken on a family floater basis.

Sum AssuredRs. 1.5 lakhs up to Rs. 50 lakhs
Expenses Pre and post hospitalization expenses, 60 days prior to hospitalization or 90 days after hospitalization.
- Ambulance charges subject to a limit of Rs. 20,000 in a policy year.
- All day care treatments.
Cashless Facility6000+ empanelled hospitals across India.
Extended coverCover your parents, parents in law, grandparents, grandchildren, as well as dependent siblings.
Policy Term1|2|3 years
RenewalLifelong
Premium: Zone A- Delhi / NCR, Mumbai including (Navi Mumbai, Thane and Kalyan), Hyderabad and Secunderabad, Bangalore, Kolkata, Ahmedabad, Vadodara and Surat.
- Health insurance policyholders paying Zone A premium rates can avail treatment all over India without any co-payment.
Premium: Zone B- Rest of India apart from Zone A cities are classified as Zone B.
- Policyholders paying zone B premium rates and availing treatment in Zone A city will have to pay 20% copayment on admissible claim amount. This co–payment will not be applicable for accidental hospitalization. Those residing in Zone B can choose to pay premium for Zone A and avail treatment all over India without any co-payment.

Individual Coverage : This is the most basic health insurance plan, which offers coverage as follows:

This policy offers basic coverage in range of Rs.1 lakh and Rs.10 lakh for individuals between age 3 months and 65 years.

Pre and post hospitalization expenses, No-claim bonus, cashless benefit, hospital expense cover, ambulance cover, etc., are provided in the plan.

Family Floater Plan :

In case you wish to buy this plan for coverage of your entire family on a shared basis. Here are some of details of coverage offered: This is a basic family floater plan, which covers health costs of the entire family in the range of Rs.2 lakh and Rs.10 lakh. A maximum of 2 adults and 4 children in the family of any age above 3 months can be covered under this policy.

The plan offers hospital expense cover, ambulance cover, pre and post hospitalization expenses, No-claim bonus, etc., are provided in the plan. Along with these, the policy distinctly offers cashless health insurance facility (the hospitalization bill is directly settled with the health insurer).

In case you want to buy a basic health insurance plan from Bajaj on individual or family floater basis, know more about coverage offered under Health Guard, please click here for individual coverage and click here to know more about family floater coverage.

Product Benefits

  • Family discount of 10% for up to 2 members, 15% for 3 members.
  • Long term policy discount of 4% for 2 years, 8% for 3 years.
  • Discount of up to 20% for co-payment option.
  • 10% cumulative bonus benefit for each claim free year up to 100%.
  • No medical tests up to 45 years.
  • Provides cover for Bariatric surgery.
  • Covers organ donor expenses.
  • Convalescence benefit up to Rs. 7500 per year.
  • Ayurvedic and Homeopathic hospitalization cover.
  • Free preventive health checkup every 3 years, irrespective of a claim.
  • Provides cover for maternity and newborn baby expenses.
  • Daily Cash Benefit for accompanying an Insured Child (Rs. 500 per day maximum up to 10 days, up to the age of 12 years).
  • Health CDC benefit – quick claim settlement through app

Health Care Supreme Policy

Individual Coverage : This is a health insurance plan with coverage for maternity expenses and daily cash allowance. Here are some of the details of this plan:

This health insurance plan offers coverage in range of Rs.5 lakh and Rs.50 lakh for individuals of any age above 3 months. Along with basic coverage the policy has pre and post hospitalization expenses, No-claim bonus, maternity coverage, out-patient benefit, cashless benefit, etc. the policy also has restore benefits.

There are three variations of this plan available each of which has different coverage range.

  • Vital- Coverage range Rs.5 lakh to Rs.10 lakh
  • Smart- Coverage range Rs.15 lakh to Rs.30 lakh
  • Ultimo- Coverage range Rs.35 lakh to Rs.50 lakh

Ancillary treatment cover (e.g. Daily allowance), personal accident cover, critical illness cover, can be covered under this policy with additional premium rates.

Family Floater Coverage : This is a family floater plan, which covers health costs of the entire family in the range Rs.5 lakh to Rs.50 lakh A maximum of 2 adults and 3 children in the family of any age above 3 months can be covered under this policy.

Along with basic coverage the policy has pre and post hospitalization expenses, No-claim bonus, maternity coverage, out-patient benefit, cashless benefit, etc. the policy also has restore benefits.

There are three variations of this plan available each of which has different coverage range.

  • Vital- Coverage range Rs.5 lakh to Rs.10 lakh
  • Smart- Coverage range Rs.15 lakh to Rs.30 lakh.
  • Ultimo- Coverage range Rs.35 lakh to Rs.50 lakh.

Ancillary treatment cover (e.g. Daily allowance), personal accident cover, critical illness cover, can be covered under this policy with additional premium rates. If you want to buy a health insurance plan, which covers maternity expenses and is offered by Bajaj, please click here to know more about Health Care Supreme.

Extra Care Plus Plan

This is an additional top-up plan for your existing health insurance plan which provides a wider range of health protection for your entire family.

What is covered?

  • In-patient Hospitalization cover.
  • Pre and post hospitalization expenses, 60 days prior to hospitalization or 90 days after hospitalization.
  • Organ Donor Expenses.
  • Emergency road ambulance cover.
  • Covers expenses for all day care treatments

This is a top-up plan with deductible (amount to be paid by the policy holder before claiming insurance) and which offers coverage for higher hospital expense at minimum premium rates for anyone between age 18 years and 65 years and dependent child between age 3 months and 25 years.

The coverage amount for this plan is in the range of Rs.10 lakh and Rs.15 lakh and the deductible amount is in the range of Rs.3 lakh and Rs.5 lakh.

Product Benefits

  • Floater policy for proposer/spouse/dependent children/dependent parents (dependent parents under same policy).
  • Entry age from 91 days to 70 years.
  • No pre-policy medical tests up to 55 years of age.
  • Pre-existing disease covered after 48 months from your first Extra Care Plus policy.
  • Free look period of 15 days and Free Health check-up.

To know more about the coverage and benefits offered under Extra Care plan, contact Coverfox.

Premium Personal Guard Plan

Individual coverage : This is personal accident disability plan for occupation risk class I individuals. The details of the plan are as follows:

This policy offers coverage in case of accidents in range of Rs.10 lakh and Rs.25 lakh for risk class I individuals (Administrative/ managing functions, accountants, doctors, lawyers, architects, teachers and similar occupations) between age 18 years and 65 years and dependent children between age 5 years to 21 years.

The plan covers permanent total disability, permanent partial disability, temporary total disability & death. Education allowance is also offered to the policyholder's child after his/her death.

Family Coverage : For family coverage under this plan the details are as follows: This is a family plan, which covers the entire family against any accident. Coverage offered is in the range of Rs.10 lakh and Rs.25 lakh for family members in risk class I (Administrative / managing functions, accountants, doctors, lawyers, architects, teachers and similar occupations).

A maximum of 2 adults (proposer and spouse) and 4 children in the family between age 18 years and 65 years and dependent children between ages 5 years to 21 years. Additional member A and additional member B would include spouse and children respectively.

The plan covers permanent total disability, permanent partial disability, temporary total disability & death. Education allowance is also offered to the policyholder's child after his/her death.

In case you belong to occupation risk class I and want to buy a personal accident disability plan for yourself and your entire family, know more about Premium Personal Guard coverage and features.

Personal Accident/ Personal Guard : This personal accident disability plan is available for all the three occupation risk class viz. I, II and III. The details of the coverage offered is as follows:

This policy offers accidental coverage based on the occupational risk class.

Risk class I- Administrative / managing functions, accountants, doctors, lawyers, architects, teachers and similar occupations. Risk class II- Manual labour, garage mechanic, machine operator paid driver (car / truck / heavy vehicles), cash carrying employee, builder, contractor, veterinary doctor and similar occupations. Risk class III- Workers in underground mines, electric installations with high tension supply, jockey, circus performers, big game hunters, mountaineers, professional river rafters and similar occupations.

The coverage offered is further classified as: Basic- Covers only death, Children's education, medical expenses and does not cover permanent total or partial disability and temporary total disability. Wider- From the covers mentioned in basic coverage wider additionally covers permanent total or partial disability. Comprehensive- It covers all the conditions mentioned in basic.

Sankat Mochan

This is a personal accident disability plan with 16 variants. Here are some of the details of the coverage offered: This policy offers accidental coverage to individuals.

There are 16 plans under this plan, which offers different type of coverage to both risk group I and risk group II mentioned above. The coverage can be distinguished as:

Basic- The basic cover would cover only death.

Wider- Wider cover would cover death, permanent total and partial disability.

Comprehensive- In addition to wider coverage comprehensive plan covers temporary total disability.

For Spouse and Children : The Sankat Mochan Plan is also available for Family coverage of spouse and children. The details are as follows: This plan will offer accidental coverage. For spouse only 5 plans and for children only 3 plans can be availed. Under which offer different type of coverage is offered to both risk group I and risk group II mentioned above. The distinguished coverage types are: Basic- Covers only death. Wider- Covers death, permanent total and partial disability. Comprehensive- In addition to wider coverage this plan covers temporary total disability.

Accidental Hospitalization- Provides reimbursement of actual expenses.

Note: For children only 3 plans of Sankat Mochan can be availed.

Hospital Cash Daily Allowance

This is a benefit plan, which as the name suggests offers compensation in the form of daily cash during hospitalization of the insured. The benefits offered are:

This policy offers daily cash for as long as one or two months of hospitalization. Per day cover offered by the policy is in range of Rs.500 and Rs.2500

Adults between age 18 years and 65 years, and dependent child between age 3 months and 21 years can be covered under this policy. To know more about this benefit plan, contact Coverfox.

Critical Illness Plan

This is a plan designed specifically to provide cover against serious diseases and illnesses which are life-threatening. The sum benefit payout is made once the diagnosis has been confirmed post 30 days. The amount is paid on a lump sum basis so that the treatment can begin immediately.

This is a benefit plan offered by Bajaj, which is designed to cover expenses other than hospitalization expenses by offering a lump sum amount after diagnosis of any of the critical conditions listed in the policy wording.

This policy offers coverage in range of Rs.1 lakh and Rs.10 lakh for individuals between age 18 years and 65 years dependent child between age 3 months and 21 years.

The plan offers lump sum amount to the policyholder after being diagnosed with critical illness.

If you want to buy a plan which will take care of your financial burden after diagnosis of critical conditions, know more about Critical illness Plan, contact Coverfox.

Product Benefits

  • Sum insured options of Rs. 100,000/- to Rs. 50,00,000/- for age group of 6 years to 60 years.
  • Sum insured options of Rs. 100,000/- to Rs. 500000/- for age group of 61 years to 65 years.
  • Covers donor expenses and transplant surgeries.
  • Eligibility - 6 to 59 Years
  • Illness Covered - Cancer, Coronary Artery Bypass Surgery, First Heart Attack (Myocardial Infarction), Kidney Failure, Major Organ Transplant, Stroke, Aorta Graft Surgery, Primary Pulmonary Arterial Hypertension, Multiple Sclerosis with Persisting Symptoms and Permanent Paralysis of Limbs.

Surgical Protection Plan

This is a unique plan, which is designed only to cover surgical expenses. Here are some of the benefits offered: This plan offers coverage in the range of Rs.1 lakh and Rs.10 lakh. Minor surgery, day care treatment, major surgery, sub-major surgery and supra major surgery are categories in which the surgeries are divided.

Other benefits like hospital daily cash allowance and critical illness cover are optional in this plan. The plan is grouped such that it covers some specific group of surgeries. It provides a fixed amount in case of the surgeries mentioned.

There is variation in waiting period for coverage offered. Details are as follows: 3 months- It will provide benefits like surgical benefit, hospital daily cash and critical illness cover. 2 years or 4 years- Both of these would provide surgical benefit and hospital daily cash only. The amount offered by the insurer would be after taking into consideration geographical location and the fixed amount, which is required for the surgery.

Family Coverage : The plan mentioned above can also cover expenses for your entire family. Here are the details: This is plan offers coverage in the range of Rs.1 lakh and Rs.10 lakh. Same policy can be used to cover proposer, spouse, dependent children and dependent parents.

It is specifically designed to provide coverage for surgeries with variation in waiting period. The waiting period option is as follows:

3 months- It will provide benefits like surgical benefit, hospital daily cash and critical illness cover. 2 years or 4 years- Both of these would provide surgical benefit and hospital daily cash only. The amount offered by the insurer would be after taking into consideration geographical location and the fixed amount, which is required for the surgery.

The plan is grouped such that it covers some specific group of surgeries. It provides a fixed amount in case of the surgeries mentioned.

Minor surgery, day care, major surgery, sub-major surgery and supra major surgery are categories in which the surgeries are divided. Other benefits like hospital daily cash allowance and critical illness cover are optional in this plan.

In case this plan is just what you were looking for, know more about this plan before you buy it for yourself or your family, contact Coverfox to discuss about terms and conditions under this policy.

Tax Gain Plan

As the name suggest this health insurance plan is specifically for those looking for tax benefits in insurance. Here are the details of coverage offered.

This is a family floater plan which covers health costs of the all family members between age 18 years to 55 years for plan A, plan B and plan C and 56 years to 75 years for plan D.

The plans are divided as per the tax gain. Plan A– Tax gain INR 4999. Plan B– Tax gain INR 9999. Plan C– Tax gain INR 14999. Plan D– Tax gain INR 19999.

Co-pay of 10% applicable when treatment is under non networked hospitals. If you are okay to have a plan with co-pay on non-network treatment, know more about the terms and conditions under this plan, contact Coverfox.

Critical illness for women

This is a unique critical illness benefit plan specifically for women. The details of coverage are as follows: This policy is especially for women. Coverage offered is in the range of Rs.50,000 and Rs.2 lakh

The plan provides lump sum amount in case of critical illness coverage and also covers congenital disability benefits. Additional benefit of this plan includes children education bonus (fund for children after claim for critical illness) and loss of job compensation (compensation in case critical illness resulting in loss of job).

If you are an independent women looking out for a plan just liked this one then know more about the details of coverage offered, click here.

Silver Health Plan

A health insurance policy especially for senior citizens. Here are some of the benefits offered: This policy offers coverage to senior individuals in range of Rs.50, 000 and Rs.5 lakh for individuals between age 46 years and 70 years.

The plan offers hospital expense cover, ambulance cover; pre-existing illness cover, etc. are provided in the plan. Along with these, the policy also has cashless facility.

Copay of 20% is applicable before paying any plan. To know more about terms and conditions under this plan, click here.

Global Personal Health Guard

This is a comprehensive health insurance plan suitable if you are a frequent traveller abroad.

What is covered?

  • Death, Permanent Total Disability and Permanent Partial Disability.
  • Add on cover - Accidental Hospitalization Expenses, Adventure Sports Benefit, Air Ambulance Cover, Children Education Benefit, Coma Due to Accidental Bodily Injury, EMI Payment Cover, Fracture Care, Hospital Cash Benefit, Loan Protector Cover, and Loss of Income due to Disability from Accident, Road Ambulance Cover and Travel Expenses Benefit.

Product Benefits

  • Sum Assured ranges from a minimum of ₹50,000 to a maximum of ₹25,00,00000.
  • 360 Degree Protection from all possible outcomes of an Accident.
  • Age at entry is 70 years (Max).
  • Flexibility to select cover.
  • Policy tenure of 1|2|3 years.

Claims Process at Bajaj Allianz Health Insurance

There are two ways to make claim under a Health Insurance Policy: on cashless basis and on reimbursement basis. In simple terms, for making a claim on cashless basis, the treatment must be done only at a network hospital of the insurance company servicing your policy.

For availing the treatment, you would have to first seek an authorization as per the procedures laid down and in the prescribed form. In case of claims on reimbursement basis, the insurance company has to be informed as per their prescribed procedures. The policyholder has to ensure that documents such as claim form, discharge summary, prescriptions and bills to be submitted for the claim on reimbursement are obtained after hospitalization.

Bajaj Allianz Health Insurance has a well-defined claim processing system.

Cashless Service: Seeking Pre-Authorization

Complete the pre-authorization form available at the hospital's insurance/TPA Desk. Send the completed form via email or fax. Approved letter will be sent by the claim management team. Remember that the claim management team could send an inquiry to the hospital or you before authorization. In case the authorization is rejected, initiate the treatment and file for reimbursement claim.

Reimbursement Claim: Claim Submission

Complete the necessary form and submit along with required documents, as per the policy terms and conditions. Necessary documents include discharge summary, prescriptions, bills etc. Approved letter will be sent by the claim management team. Remember that you will be answerable to any queries raised by the claim management team before the letter is issued.

In case the claim is rejected, the reasons will be communicated by the team. In case of any emergencies, you need to inform Bajaj Allianz within 24 hours of the admission. In case of planned emergencies, the notification has to reach the company 48 hours prior to the hospitalization. The claim intimation can be done via Bajaj Allianz's toll free number 1800-209-5858. The same could also be emailed to customercare@bajajallianz.co.in .

Note: If you are a Coverfox customer, you can directly reach out to us for all your claim-related issues and queries.

Check Eligibility to buy Health Insurance from Bajaj Allianz

  • Entry age for proposer is 18 years to 65 years. The policy can be renewed for lifetime.
  • Entry age for child is 3 months up to 30 years.

Documents required to buy a Bajaj Allianz Health Insurance Plan

  • KYC documents of ID

  • Age and Address Proof

  • 3 passport sized photographs have to be submitted to avail health insurance from Bajaj Allianz. Medical documents are required only when you have reached a certain age or if it has been specified under a medical policy.

Review of Bajaj Allianz Health Insurance

Bajaj Allianz offers an array of reasonably priced health insurance policies. Their health plans are made-to-measure to shield you against the mounting healthcare outlays. They boast of a highest claim settlement ratio amongst private insurers.

Their health insurance products like individual health insurance, family health insurance, health insurance for senior citizens, and top-up health insurance cover are premeditated to meet precise requirements. Hence, if you are scouting for an insurer who will deliver dependability, competence and brilliant post sales services in consort with the products specific to your requirements, Bajaj Allianz is a won over alternative.

FAQ's on Bajaj Allianz Health Insurance

Why get Health Insurance from Bajaj Allianz?

Bajaj Allianz is one of the leading general insurance providers in India with a wide range of customized health insurance products. Bajaj Allianz offers a complete peace of mind when it comes to selecting a health insurance plan on the basis of your family’s needs and financial constraints. The health insurance cover will enable you to receive the best of doctors and medical treatment available.

How to renew Health Insurance from Bajaj Allianz?

In order to renew your Health Insurance Plan from Bajaj Allianz, simply visit the official website of the same and select the health insurance section. Fill in your KYC details such as the policy number, pin code of your current residence and contact details, then pick your quote and make the payment via debit/credit/net banking.

How Health Insurance from Bajaj Allianz can help you save on tax?

You can save up to ₹1 lakh on premiums paid for a Health Insurance plan from Bajaj Allianz as per Sec 80D of the Income Tax Act, 1961. Additional deductions can be availed for the following:

  • Up to ₹25,000 on premiums paid towards health insurance plans for yourself, spouse, children and parents.
  • Up to ₹50,000 on premiums paid towards a medical insurance policy for parents who are senior citizens.

Maternity Coverage under Health Insurance from Bajaj Allianz?

The Bajaj Allianz Health Guard plan for individual as well as family provides cover for maternity and newborn baby expenses.

What is covered under hospitalization benefit in a Health Insurance Plan from Bajaj Allianz?

  • Hospitalization - Room rent, Doctor's fees, Nursing expenses, ICU charges, Operation theatre, Diagnostics and Medicines.
  • Pre-Hospitalization - Cost of check-ups and investigations, consultations with doctors and cost of medicines.
  • Post-Hospitalization - Consultation with doctors, cost of medicines, check-ups and investigations, recovery and rehab costs.

What expenses does a Health Insurance Policy cover?

All sorts of pre and post hospitalization expenses are covered. For pre-existing illnesses, there is a waiting period.

Know about Bajaj Allianz Maternity Benefit and Maternity Claim?

The Bajaj Allianz Health Guard plan for individual as well as family provides cover for maternity and newborn baby expenses. The expenses can be claimed via cashless or reimbursement process.

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